Wednesday, January 8, 2020

Technical Analysis Jan 2020: KAREX (5247)



KAREX BERHAD (5247) 

Observation from Chart:

KAREX (5247) retest RM0.515 support level. 

Will it forming "cup & handle" pattern?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K at SELL call itinerary.

Immediate resistance @ RM0.58 level.
Subsequent resistance @ RM0.61 level.

Immediate support @ RM0.49 level.
Subsequent support @ RM0.46 level.

Let's watch closely

0 comments:

Post a Comment